P/E ratio for Xcel Energy (XEL)

P/E ratio history for Xcel Energy from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Pacific Gas and Electric PCG	22.3	6.67%	🇺🇸 USA
WEC Energy Group WEC	22.0	5.09%	🇺🇸 USA
Duke Energy DUK	78.2	273.40%	🇺🇸 USA
Alliant Energy LNT	21.5	2.46%	🇺🇸 USA
PNM Resources PNM	23.3	11.39%	🇺🇸 USA
PPL PPL	29.1	39.07%	🇺🇸 USA
DTE Energy DTE	19.3	-7.66%	🇺🇸 USA
Avista AVA	16.5	-21.41%	🇺🇸 USA
CMS Energy CMS	26.2	24.87%	🇺🇸 USA
Idacorp IDA	20.7	-1.14%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.